Buy SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance at 0.000022030 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.000020480 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.000027490
2nd High 0.000024620
Next High 0.000022030
Current Price 0.000021680
Next Low 0.000020480
2nd Low 0.000020250
3rd Low

Download SHIB/USDT Signal Image

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